FORMER Gers director King spoke exclusively to Record Sport last night after piling the pressure on the current regime by asking supporters to withhold their season ticket cash to push through change.

DAVE KING last night admitted he is asking Rangers fans to make one of the hardest decisions of their lives by starving their own club of the season-ticket cash it needs to survive.

But just hours after waging all-out war on the beleaguered Ibrox regime, the South African tycoon insisted it might never have come to this if the fans had united years ago to run ex-owner Craig Whyte out of town.

King spoke exclusively to Record Sport last night, at the end of another hugely dramatic day in the never-ending Rangers saga.

His decision to issue a statement in the afternoon proposing a boycott on season tickets has been seen as a rallying cry to the club’s supporters, many of whom remain to be convinced by the present board after three years of trauma.

King wants them instead to consider ploughing their money into a separate account which would then be ring-fenced – and only drip fed into the club’s coffers on a game-by-game basis.

The move would deny Rangers a lump sum up-front payment of up to £10m which – with the club already running on financial fumes – would plunge the club back on to the brink.

And as he reflected on another explosive twist to the ongoing Rangers story, King conceded that his plan will have placed thousands of supporters between the ultimate rock and hard place.

And he reckons this “nuclear” button should have been pressed when disgraced Whyte first took over the club in May 2011.

He said: “Providing season ticket money on the basis I suggest is a last resort and must be considered carefully by the fans.

“Many will be as uncomfortable as I am about the prospect but if it had happened when first suggested after the Craig Whyte takeover then we would be in a better position now.

“Hopefully the board will now act in a manner that avoids this.”

King’s attack on the board was scathing. He insisted that, despite his best efforts to engage with the current regime, he has finally given up on the idea of striking a compromise deal to plough some of his own money into the club.

He remains convinced that, without a heavy cash injection, the club will either be forced back into insolvency or left in such a dilapidated state that it will be powerless to prevent Celtic storming towards a historic 10 successive titles.

King accused the board of not telling fans the truth about the state of the club’s finances and demanded full transparency from the directors as to when the Rangers account will run completely dry.

And last night he promised to go into greater detail about his own plans – so long as a majority of supporters are ready to join his Rangers revolution.

Asked if he would personally open the account and act as some kind of guarantor King said: “I will wait to see whether the fans support my suggestion before taking the next step.”

But he remains adamant the club’s financial situation is critical and potentially crippling.

King added: “The club has only two options to avoid insolvency. It can either become a small club and live off what would then become a dwindling revenue base.

“Or it can raise capital to spend beyond its means for a period to get back to the top flight.

“I don’t believe the board is necessarily anti-me. I think they might do the same to any “outsider” that might threaten the current opaque control structure.”

Last night Rangers responded to King with a short statement. It read: “The board notes Mr King’s comments with concern as they are potentially de-stabilising and damaging to Rangers Football Club.”